How low can you offer…?

How low can you make an offer for a brownstone below asking price without it being “embarassing”? I understand that every broker/seller/property is different, but is there any guideline on this? If asking price was $2 million, and one offered $1 million, that would be too ridiculously low. What about $1.6 or $1.65? Is that considered offensive? Or, is there no such thing as being offensive in the real estate world and make any offer no matter what.

thoughts?

By | 02/15/2007 11:28 AM